Morgan Lee, Associated Press Updated 7:06 pm CDT, Tuesday, October 16, 2018 FILE - In this July 30, 2018 file photo, New Mexico Republican gubernatorial candidate Steve Pearce speaks to business leaders in Albuquerque, N.M. Pearce owns two companies that actively lease oilfield equipment to undisclosed customers even as he campaigns to regulate a booming petroleum sector and expand an oil-dependent economy. less FILE - In this July 30, 2018 file photo, New Mexico Republican gubernatorial candidate Steve Pearce speaks to business leaders in Albuquerque, N.M. Pearce owns two companies that actively lease oilfield ... more Photo: Russell Contreras, AP FILE - In this July 2, 2018 file photo, New Mexico Democratic gubernatorial candidate Michelle Lujan Grisham talks about efforts to secure federal funding for a planned multimillion-dollar building for the National Nuclear Security Administration during a … [Read more...] about New Mexico GOP candidate publishes tax-return summary
S corporation tax return
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Log In Today’s Paper Advertisement Supported by ByNicholas Fandos Oct. 16, 2018 WASHINGTON — Democrats, eyeing control of a powerful House tax-writing committee next year, are studying a century-old provision in the federal tax code that could give them access to President Trump’s long-sought tax returns and eventually the ability to make them public. The powers laid out in an obscure 1920s addition to the tax code are clear: The leaders of Congress’s tax-writing committees, including the Ways and Means Committee in the House, are empowered to request from the Treasury Department tax returns or related information on any tax filer. Democrats could use that information to finally determine if Mr. Trump, who built a global business empire before entering politics, has problematic financial entanglements with Russia or other … [Read more...] about With a House Takeover, Democrats Could Get Trump’s Tax Returns. Would They?
A TV attack ad portrays Florida Democrat Andrew Gillum as so "far out" that he is on another planet."Gillum wants to increase Florida taxes by a billion dollars. Disaster for the economy," says an ad by the Republican Governors Association showing Gillum’s headshot floating in space.The 30-second ad also attacks Gillum over his support for Medicare for All and abolishing the U.S. Immigration and Customs Enforcement. Here we’ll focus on whether Gillum wants to raise Florida taxes by $1 billion.He does, though the ad doesn’t make clear what taxes Gillum wants to raise, who would pay, and how Florida would spend the additional revenue.Gillum’s tax planGillum has proposed increasing Florida’s corporate tax rate from 5.5 percent to 7.75 percent to generate an additional $1 billion a year. His opponent, Republican Ron DeSantis, has signed a pledge not to raise taxes.Gillum said he would put that extra revenue toward education, including a minimum teacher salary … [Read more...] about PolitiFact Florida: $1 billion Florida tax hike? Andrew Gillum proposes increasing state corporate tax
Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Tax returns: What they tell us about Cynthia Nixon, Andrew Cuomo and Marc Molinaro Gov. Andrew Cuomo and his major opponents — Republican Marc Molinaro and Democrat Cynthia Nixon — are sparring over their income-tax returns and what they revealed. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. Join the Nation's Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Jon Campbell, Albany Bureau Published 10:55 p.m. ET May 6, 2018 | Updated 10:55 p.m. ET May 6, 2018 CLOSE Cuomo's campaign has needled his foes, calling on them to release 10 years of returns. Jamie Germano CONNECT TWEET LINKEDIN COMMENT EMAIL MORE ALBANY, … [Read more...] about Tax returns: What they tell us about Cynthia Nixon, Andrew Cuomo and Marc Molinaro
Cynthia Nixon and her spouse pulled in $1.9 million last year through their incomes, investments and sale of a house, according to returns the “Sex and the City” star allowed reporters to view for just two hours Friday. On her personal return, Nixon and wife Christine Marinoni reported a gross adjusted income of $619,799 in 2017 and paid federal taxes of $150,600 and $62,866 in state and local taxes. But Nixon also has a separate S Corporation called the Fickle Mermaid for her acting business that pulled in $1.1 million. She extracted $400,000 of that as wages for her personal return — leaving the rest in the corporation. The couple made $185,786 by selling a house in Montauk for $575,000. The duo also have a foundation called the Nixon-Marinoni Family Foundation, which last year gave $44,896 to nonprofits — including organizations like WNYC Public Radio, Trinity Place Shelter, the Bowery Mission and the Roundabout Theatre Company. They also donated $7,979 in … [Read more...] about Cynthia Nixon reveals tax returns